Portuguese Economy

On Sunday night, the Portuguese Prime Minister appeared on all the main TV channels here to announce that the country was exiting the EU bailout without having to draw on any additional money.  Going around the country I have noticed that there are definitely positive signs about.  In both Lisbon and here in Porto there are many cranes on the skyline (indeed in Lisbon there was one just outside my window!)  However, there also is poverty to be seen, with a number of derelict buildings/buildings for sale and more beggars than you might see elsewhere.  Therefore, it is good to see it is on the right track, but it will be a long journey.